openPR Logo
Press release

E commerce Payment Market to Grow at 10.8% of CAGR by 2024 | Top Key Players: Alipay, Tenpay, PayPal, Visa, MasterCard, China UnionPay, American Express, JCB, Discover.

02-20-2019 09:48 AM CET | IT, New Media & Software

Press release from: Reports Monitor

E commerce Payment Market

E commerce Payment Market

E commerce Payment Market

E-commerce Payment is a transaction of buying or selling online. Electronic commerce payment draws on technologies such as mobile commerce, electronic funds transfer, Internet marketing, online transaction processing, electronic data interchange (EDI) and automated data collection systems. It has become increasingly popular due to the widespread use of the internet-based shopping and banking. Payment method security technology, payment customer experience are fast updating all the time. These are also the key features market players engaging to lead the run from all over the whole.

Some of the leading Companies incorporated in this Research are Alipay, Tenpay, PayPal, Visa, MasterCard, China UnionPay, American Express, JCB, Discover.

Download Research Study With Latest Advancement Trends and Application @ https://www.reportsmonitor.com/request_sample/347757

According to this study, over the next five years the E-commerce Payment market will register a 10.8% CAGR in terms of revenue, the global market size will reach US$ 1455200 million by 2024, from US$ 786500 million in 2019. 

However, this trend is not expected to continue in 2016, as a growth rate of 17.5% is forecast, which would result in a global E-commerce turnover of $2,671bn. Even though this growth rate is still significant, its decrease can be seen as a first sign of the global E-commerce market becoming more mature.

In comparison with last year, China’s ecommerce market grew significantly faster than the one of the US. Compared to 2016, Chinese ecommerce sales grew by 27.2%, while in the US it grew by 8.99 %.For 2017 as well, the Chinese E-commerce market is expected to increase much faster than the American one (24% vs. 9%). As a result, it will continue to increase its lead even further.

This study considers the E-commerce Payment value generated from the sales of the following segments:

Segmentation by product type:
Cash on delivery
Direct debits
Digital wallets
PostPay
PrePay
Pre-paid cards
Debit cards
Credit cards
Charge cards

Segmentation by application: 
Application I
Application II

Reports Monitor is a methodical effort to gather information about the targeted market which is E commerce Payment. It is a very significant part of a business strategy. The term is often used in resemblance to marketing research; but specialized Market research is one of the major factors used to maintain competitiveness over competitors.

Why Global E commerce Payment market 2019 Research Report?

Market research presents significant information which helps to -

Recognize and examine the needs of the market, the market size, and the competition.

Market-research techniques cover both qualitative techniques such as -

Focus groups

Detailed interviews

Ethnography

Quantitative techniques like -

customer surveys

analysis of secondary data.

Read Full Report with TOC @ https://www.reportsmonitor.com/report/347757/E-commerce-Payment-Market

Reports Monitor, which consists of social and opinion research, is the systematic gathering and interpretation of information with regard to individuals or organizations using statistical and analytical methods and techniques of the applied social sciences to achieve insight or support decision making.

What we offer -

We are a multi-service provider, advisor, and consultants for market research reports for small, mid-size, and large companies. Our special team consists of market research trackers, research coordinators, research specialists who cater to the client needs. We keep a comprehensive set of market research reports fit under required categories and sub-categories.

Mention your Queries here to Get a Call from Our Industry Expert @ sales@reportsmonitor.com

About Us
Reports Monitor is a market intelligence and consulting firm with extensive experience and knowledge of the Market Research industry.

Our aim is to change the dynamics of the Market Research industry by providing quality intelligence backed by data. Your requirement for market forecasting is fulfilled by our exclusive quantitative and analytics driven intelligence. Decision makers can now rely on our distinct data gathering methods to get factual market forecasting and detailed analysis.

Contact Us:
Jay Matthews
Direct: +1 513 549-591481 (U.S.), +44 203 318 2971 (U.K.)
Email: sales@reportsmonitor.com
Linkedin: https://www.linkedin.com/company/reports-monitor
Twitter: https://twitter.com/reportsmonitor

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release E commerce Payment Market to Grow at 10.8% of CAGR by 2024 | Top Key Players: Alipay, Tenpay, PayPal, Visa, MasterCard, China UnionPay, American Express, JCB, Discover. here

News-ID: 1602451 • Views: 226

More Releases from Reports Monitor

2019 Global Smart Home Security and Safety Systems Market Trend Analysis and Ind …
Smart Home Security and Safety Systems Market GMD analysis model indicates that the aggregated revenue of global smart home security & safety systems market during 2019-2025 is expected to reach $134.5 billion owing to growing adoption of various types of smart security devices in global households. Have Questions? Request a sample or make an Inquiry before buying this report by clicking the link below:- www.reportsmonitor.com/request_sample/352365 Scope of the Report: Highlighted with 72
Radar Sensor Market 2019 Top Key Players: NXP Semiconductors N.V., Robert Bosch …
Radar Sensor Market The report provides a global analysis of Radar Sensor Market data from 2019 to 2024. The report reveals the overview, chain structure, and illustrate the industry’s current situation, evaluate global market volume/share. The market report studies key player’s Profiles/Analysis, product insights, regional analysis insights, product types, and product application insights. The market has been qualified based on a comprehensive market analysis with inputs from industry experts. Have Questions?
OKR Software Market report with Leading players: SpiraLinks, Wrike, BetterWorks, …
2019-2025 OKR Software Market Report with Depth Analysis: The report provides a global analysis of the OKR Software Market report provides Insightful information to the clients enhancing their basic leadership capacity identified. This Report is segmented into Manufactures, Types, Applications, and Regions. The market covers the wide spectrum of the factors governing future growth, including drivers, challenges, emerging trends, technology changes, and environmental factors. The global OKR Software market size was xx million US$
Event Logistics Market analysis report with Major players Rhenus Logistics, UPS, …
Event Logistics Market Market Overview of Event Logistics Market: The report provides a global analysis of Event Logistics Market Report provides Insightful information to the clients enhancing their basic leadership capacity identified. This Report is segmented into Manufactures, Types, Applications, and Regions. The market covers the wide spectrum of the factors governing future growth including drivers, challenges, emerging trends, technology changes, and environmental factors. The global Event Logistics market size was xx

All 5 Releases


More Releases for Payment

Network Payment Services Market
Reports Intellect newly added the Global Business Catastrophe Insurance Market Report that gives meticulous investigation of current scenario of the Market size, share, demand, growth, trends, and forecast in the coming years. This research report is equipped with the information categorising for Network Payment Services Market by parameters such as players, brands, regions, types and application. The report also details the information about the global market status, competition landscape,
Online Payment Security Market: Increasing Adoption Of Digital Payment Modes
In the recent back, owing to the growing ubiquity of smartphones, laptops, and tablets, the market for online payment has expanded leaps and bounds. But, at the same time, the incidences of cyber-attacks have multiplied exponentially too. Under these conditions, a number of organizations operating in the financial sector are resorting to strongest security measures that are available and consequently, the market for online payment security is flourishing. According to
Mobile Payment Technologies Market - Increasing Adoption of Immediate Payment Pr …
First and foremost, growing adoption of smart devices and increasing mobile data usage is fuelling the mobile payment technologies market. This is mainly because of ease of communication and growing demand for convenient mode of transaction. The ceaseless adoption of mobile devices and digitization wave has been instrumental for the mounting use of mobile transaction especially among new-age consumers. For example, according to statistics of the Groupe Speciale Mobile Association
Payment Company Profile: Square
Square is a US-based payment services provider that allows merchants to accept payments from customers for products and services. The solution allows businesses to accept payments through methods including debit and credit cards issued by all major scheme providers (including Visa, Mastercard, American Express, Diners Club, and China UnionPay), as well as NFC-based solutions such as Android Pay and Apple Pay. For offline payments, Square offers an array of traditional and
Alternative Payment Solution: Swish
Orbisresearch.com published “Alternative Payment Solution: Swish Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Swish is a Swedish mobile payment solution launched in 2012. It is one of the leading P2P payment solutions in Europe with 5.7 million users. Initially launched as a P2P payment service between
Payment Gateway Industry Worth US$ 86.9 Billion By 2025 - Hosted Payment Gateway …
The merchants all over the globe are avidly willing to expand their businesses cross-border by adaption of a logical approach, by partnering with the payment gateways. With the help of this partnership, these merchants gain the advantage of tapping the opportunities created by the globalization of e-commerce. Majority of merchants today, are eyeing up global expansion and wish to grow at a faster pace, however, the last thing they would